Uber Technologies, Inc. $UBER Position Decreased by LJI Wealth Management LLC

Key Points

• LJI Wealth Management cut its Uber stake by 66.7% in the third quarter, selling 17,954 shares and retaining 8,944 shares valued at approximately $613,000. Institutional investors collectively own 80.24% of Uber’s stock.
• Uber insiders showed confidence through significant purchases: CEO Dara Khosrowshahi bought 141,000 shares for about $10 million, while Andrew Macdonald purchased 70,000 shares for approximately $5.3 million.
• Uber faces mixed near-term drivers, including expected Mobility and Delivery growth, but also regulatory pressure, intensifying food-delivery competition and concerns over autonomous vehicles. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $102.97, compared with a recent price of $65.16.

LJI Wealth Management LLC lessened its stake in shares of Uber Technologies, Inc. (NYSE:UBER - Free Report) by 66.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,944 shares of the ride-sharing company's stock after selling 17,954 shares during the quarter. LJI Wealth Management LLC's holdings in Uber Technologies were worth $613,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Avion Wealth lifted its holdings in Uber Technologies by 17.3% during the 1st quarter. Avion Wealth now owns 984 shares of the ride-sharing company's stock worth $70,000 after buying an additional 145 shares in the last quarter. Frazier Financial Advisors LLC grew its stake in shares of Uber Technologies by 8.5% in the first quarter. Frazier Financial Advisors LLC now owns 1,942 shares of the ride-sharing company's stock worth $140,000 after acquiring an additional 152 shares in the last quarter. Revisor Wealth Management LLC grew its stake in shares of Uber Technologies by 3.5% in the first quarter. Revisor Wealth Management LLC now owns 4,587 shares of the ride-sharing company's stock worth $330,000 after acquiring an additional 153 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Uber Technologies by 10.6% in the second quarter. Cornerstone Planning Group LLC now owns 1,624 shares of the ride-sharing company's stock worth $114,000 after acquiring an additional 155 shares in the last quarter. Finally, CFS Investment Advisory Services LLC increased its position in shares of Uber Technologies by 6.1% during the first quarter. CFS Investment Advisory Services LLC now owns 2,733 shares of the ride-sharing company's stock worth $211,000 after acquiring an additional 156 shares during the period. Hedge funds and other institutional investors own 80.24% of the company's stock.

Uber Technologies News Roundup

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Halloween is expected to generate unusually strong ride-hailing demand, potentially supporting fourth-quarter Mobility bookings and driver activity. The busiest day of the year for Uber and Lyft drivers is almost here
• Positive Sentiment: Uber’s Delivery business continues to expand, with reported delivery bookings growth of 26% and new or expanded relationships involving Key Food, Costco and ezCater. These initiatives could strengthen its grocery and business-to-business delivery presence. How New Rules And Robotaxi Pressure At Uber Technologies Has Changed Its Investment Story
• Positive Sentiment: Wall Street expects another quarter of growth from Mobility and Delivery, while the company’s previous quarter slightly exceeded earnings-per-share expectations. UBER Stock: Here’s What to Expect From Uber's Q3 Earnings Report
• Neutral Sentiment: Uber is approaching its Q3 2026 earnings report, with investors focused on gross bookings, take rate, margins, Delivery trends and management’s autonomous-vehicle strategy. Expectations call for solid operating growth, but the results could produce significant volatility. Ahead of Uber Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Negative Sentiment: Regulatory risks are increasing. A planned U.K. VAT change could raise rider prices and reduce competitiveness, while the FTC is seeking information on how personal data affects pricing and driver compensation. Why Is Uber Technologies Facing New UK Tax And FTC Pressure?
• Negative Sentiment: Uber and other delivery platforms are challenging a New York City law concerning delivery-worker deactivation, adding litigation uncertainty and potential compliance costs. Amazon, Uber, Instacart sue to block NYC law over delivery worker deactivation
• Negative Sentiment: DoorDash’s agreement to acquire Instacart for approximately $17 billion highlights intensifying competition in U.S. food delivery, where Uber Eats is reportedly losing app users. Autonomous-vehicle partnerships also raise concerns that robotaxis could eventually weaken Uber’s core ride-hailing economics. Fewer Americans are opening Uber Eats as DoorDash pulls ahead

Insider Buying and Selling at Uber Technologies

In related news, CEO Dara Khosrowshahi purchased 141,000 shares of the company's stock in a transaction on Thursday, September 10th. The shares were bought at an average cost of $70.96 per share, for a total transaction of $10,005,360.00. Following the completion of the purchase, the chief executive officer directly owned 1,367,100 shares of the company's stock, valued at approximately $97,009,416. This trade represents a 11.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Andrew Macdonald acquired 70,000 shares of the business's stock in a transaction on Friday, September 4th. The shares were bought at an average cost of $75.83 per share, for a total transaction of $5,308,100.00. Following the acquisition, the insider owned 426,320 shares of the company's stock, valued at $32,327,845.60. This represents a 19.65% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.81% of the stock is currently owned by insiders.

Uber Technologies Trading Down 0.9%

UBER opened at $65.16 on Friday. Uber Technologies, Inc. has a one year low of $64.04 and a one year high of $100.35. The company has a market cap of $133.09 billion, a P/E ratio of 14.32, a PEG ratio of 6.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.84 and a current ratio of 0.84. The business's 50-day simple moving average is $71.21 and its 200-day simple moving average is $73.44.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. The business had revenue of $14.19 billion for the quarter, compared to analyst estimates of $14.24 billion. Uber Technologies had a return on equity of 43.36% and a net margin of 17.34%. The business's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company earned $0.60 EPS. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. As a group, equities research analysts expect that Uber Technologies, Inc. will post 3.20 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on UBER shares. Wedbush reiterated an "outperform" rating and issued a $91.00 price objective on shares of Uber Technologies in a research note on Tuesday, September 8th. Roth Capital decreased their target price on Uber Technologies from $105.00 to $100.00 and set a "buy" rating for the company in a report on Monday, August 10th. Bank of America lowered their target price on Uber Technologies from $104.00 to $103.00 and set a "buy" rating for the company in a research note on Tuesday, July 28th. Guggenheim restated a "buy" rating and set a $125.00 price target on shares of Uber Technologies in a report on Friday, October 16th. Finally, KeyCorp cut their price target on Uber Technologies from $110.00 to $105.00 and set an "overweight" rating on the stock in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $102.97.

About Uber Technologies

Uber Technologies, Inc is a technology company that connects consumers with independent drivers, couriers, merchants and transportation providers through its digital platform. Its Mobility business offers ridesharing and other transportation services, including taxi and vehicle-hire options in select markets. The company also provides business travel and transportation management tools for organizations.

Uber's Delivery segment operates Uber Eats, which enables customers to order meals, groceries and other goods from participating restaurants, retailers and merchants.

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